By Lisa Vives, Global Information Network
WASHINGTON, D.C. (IDN) - Kenya has signed agreements with a U.S. wind energy company, providing a major boost for wind power and food security.
President Uhuru Kenyatta of Kenya said the 'Big Four agenda' projects – boosting manufacturing industry, promoting food security, providing affordable housing and universal healthcare coverage – present major opportunities for local and foreign investors.
The U.S. Overseas Private Investment Corporation (OPIC) and Kipeto Wind Energy Company signed documents to close a $232 million deal in financing the construction and operation of a 100-megawatt grid-connected wind power plant south of Nairobi.